Openet and Samsung sign 5G partnership
February 25, 2019 - Openet
BARCELONA, 25th February 2019 – Openet today announced that it has formed a partnership with Samsung Electronics Co. Ltd. to provide 5G core network solutions. Under this partnership, Samsung and Openet will cooperate to provide 5G network functions (NFs) in the packet core software solutions.
The joint solution will consist of Openet’s 5G platform, including real-time policy and charging controls, as well as Samsung’s packet core software products.
Commenting on the partnership, “As a pioneer in the years long development of leading-edge 5G solutions, Samsung will work with Openet as the partner, a key innovator in the industry,” said Jaeho Jeon, Executive Vice President and Head of R&D, Networks Business at Samsung Electronics. “We are committed to transforming everyday lives by powering the network for establishing essential infrastructure of the connected world.”
Niall Norton, CEO, Openet, said: “We’ve invested heavily in redeveloping our solutions to be 5G ready. This included developing our software to be cloud native and to support service based architecture and service based interfaces. This was a significant investment to ensure that Openet’s Digital BSS software fully supports 5G. The BSS market has changed, the old business models are gone and world-leading companies like Samsung want to work with independent, innovative and agile vendors who will make a difference. We are very proud to work with Samsung to provide Openet software as part of Samsung’s global 5G ecosystems solutions.”
Openet provides Digital BSS to enable service providers to create new revenues from digital services, improve customer engagement and be ready for the opportunities from 5G. Our solutions enable service providers to be more agile, innovative and enjoy a faster time to value.
From monetising content and data services over 4G to enabling innovative enterprise IoT offers over 5G, Openet’s Digital BSS offers a fast and agile alternative to the large legacy companies whose track record of over-charging and under delivering has resulted in high failure rates of large scale transformation projects.
Since its foundation in 1999, Openet has been at the forefront of telecoms software development and innovation. Our success is personified by the many long-term relationships it has fostered with the largest, most progressive, and demanding operators across the globe. For more information visit www.openet.com.